On 3 August 2015, the International Auditing and Assurance Standards Board (IAASB) released an Exposure Draft proposing changes to International Standard on Auditing (ISA) 810, Engagements to Report on Summary Financial Statements. ISA 810 deals with the auditor’s responsibilities relating to an engagement to report on summary financial statements derived from financial statements audited in accordance with ISAs by that same auditor. The IAASB is proposing limited conforming amendments to ISA 810 as a result of the new and revised auditor reporting standards, which address auditor reporting on general purpose financial statements.
ISCA takes a leading role in advocating the views and proposals of the audit community in Singapore. ISCA would hence like to seek views from key stakeholders in Singapore on the above IAASB's proposal. Your views would be considered and put forth in the comment letter to be submitted to IAASB.
ISCA requires all comments to be submitted to firstname.lastname@example.org by Thursday, 10 September 2015. Please click here for the ED ISA 810, Engagements to Report on Summary Financial Statements.